Archives for News

Pensions Regulator receives 114 Whistleblowing Reports about Auto Enrolment

The Pensions Regulator (TPR) has received 114 whistleblowing reports about employers allegedly inducing employees to opt out of auto-enrolment pension schemes in the past three years. According to a Freedom of Information request published on the watchdog’s website, the majority (99) concerned allegations of inducement while the remaining 15 were about allegations of inducement along with other breaches. The number of reports received have increased over the years – between April 2015 and March 2016 the regulator received 12 complaints, which rose to 38 in 2016/17, and 64 in 2017/18. These numbers could increase even further, as Darren Ryder, TPR’s director of
Read More

Categories: News.

Regulators Turn the Focus on Employers Looking To Circumvent Auto-Enrolment and Lock Employees out of Pensions

Small businesses take note: pension watchdogs have vowed to crack down on employers discovered to be encouraging their staff to opt out of the auto-enrolment occupational pensions system in order to cut costs. In the first three months of this year alone, the Pensions Regulator issued 35,862 enforcement notices against employers in breach of the auto-enrolment rules, relative to 28,446 last quarter.   Auto-enrolment obliges employers to enrol almost all their staff into the workplace pension scheme and to make at least a minimum contribution on their behalf, unless workers have specifically opted out. And so far, this application of
Read More

Categories: News.

Get Ready for the World Cup

The World Cup kicks off in just a few days and as always, excitement is mounting around the trying to predict the likely winner, who’ll get the golden boot, what will be the outcome of the inevitable penalty shoot-out, etc.   At work it can be great fun and create good talking points.  But wait… Not everyone likes football (do they?).  And the talking points from last night’s game can take over the morning after.   Sporting events can harness energy, enjoyment and plenty of banter.  That’s the up side.  But inevitably there’s a down side.  And that’s where it’s
Read More

Categories: News.

After 13 Great North Runs and 2 Lincoln Half Marathons, Our Director is donning his trainers again

London Marathon 2018 After 13 Great North Runs and 2 Lincoln Half Marathons, Adam Davey is donning his trainers again, but this time the challenge is even bigger and better as he steps up to take part in the 2018 London Marathon. He will be raising funds for one of our clients, Centrepoint, the young people’s homeless charity. Centrepoint provides housing and support for young people in London, Manchester, Yorkshire and the North East and through partnerships all over the UK. Centrepoint aims to give homeless young people a future and supports more than 9,200 homeless young people a year into a home and a
Read More

Categories: News.

Pensions Regulator begins spot checks in East Midlands to ensure Auto Enrolment compliance

The Pensions Regulator (TPR) has begun carrying out spot checks across the East Midlands to make sure employers are complying with their pension duties. Inspection teams will visit dozens of businesses in the East Midlands this month to check employers are meeting their automatic enrolment (AE) duties correctly. The move is part of a nationwide enforcement campaign that began in London last spring and has so far been carried out in Greater Manchester, Sheffield, Birmingham, South Wales, Edinburgh and Glasgow. According to TPR, the checks help The Regulator to understand whether employers are facing unnecessary challenges they can be helped with.
Read More

Categories: News.

Tax-free childcare roll out 

Tax-free childcare roll out The implementation of Tax-Free Childcare, the new government scheme to help working parents with the cost of childcare, is being rolled out to eligible parents in stages. The scheme first made its debut in April 2017 and although there have been initial systems problems, HMRC’s aim is to have the scheme open to all eligible parents by 14 February 2018. Application is made online through the Childcare Choices site www.childcarechoices.gov.uk and applications can be made for all eligible children at the same time. Under Tax-Free Childcare, for every £8 the parent pays, the government provides a £2 top-up,
Read More

Categories: News.

The Dream Match Sponsorship for Local Company!

With the magic of the FA Cup, they say “anything can happen” – and it certainly did for lifelong Imps fan, Adam Davey, and his fellow company director – the lifelong Don, Mark Dyer.   Two football teams, two Directors, one HR company and a magical FA Cup weekend…the two Directors of Petaurum Solutions knew that when their respective clubs were drawn to face each other, there was only one possible outcome – match sponsorship!   With offices in Lincoln, East Anglia and London, the prospect of sponsoring a football match upon which both Directors agreed would benefit both of
Read More

Categories: News.

How cash plans are evolving to meet the need of employers and employees

How cash plans are evolving to meet the need of employers and employees The desire to provide health benefits to those who do not qualify for PMI is driving growth in cash plans The trend to offer new elements to cash plans is continuing But it is unlikely cash plans will replace PMI in the near future Cash plans remain a popular benefit offering for employers. But what are the reasons behind this popularity and how the market is evolving? In a world where employee benefits are under constant review against the backdrop of rising employment costs as a result
Read More

Categories: News.

Great North Run and Lincoln Half Marathon 2017 Director running in aid of St Barnabas Hospice Trust (Lincolnshire)

Adam Davey is donning his trainers once again on 10th September to run in the world’s largest half marathon, the Great North Run, for the 13th time. Having raised over £10,000 over the past years, he is once again raising vital funds for St Barnabas Hospice. St Barnabas Hospice provides specialist care to people with a life limiting illness. In the last 12 months they have cared for over 5,500 patients and their families across Lincolnshire. The world’s leading half marathon, the Great North Run, was first staged in 1981 where just over 12,000 people took part on the 13.1
Read More

Categories: News.

How cash plans are evolving to meet the need of employers and employees

How cash plans are evolving to meet the need of employers and employees The desire to provide health benefits to those who do not qualify for PMI is driving growth in cash plans The trend to offer new elements to cash plans is continuing But it is unlikely cash plans will replace PMI in the near future Cash plans remain a popular benefit offering for employers. But what are the reasons behind this popularity and how the market is evolving? In a world where employee benefits are under constant review against the backdrop of rising employment costs as a result
Read More

Categories: News.